The Reserve Bank of India (RBI) has been aggressively buying gold for the last few years. Analysis of World Gold Council data shows that the percentage of gold in India’s total foreign exchange reserves has spiked in the last few years.
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A helicopter carrying pilgrims to the Gangotri shrine crashed near Uttarkashi, claiming six lives, including five pilgrims and the pilot. The accident occurred when the chopper veered off course and lost altitude, plunging into a gorge. One passenger survived and is critically injured. Authorities have launched an investigation to determine the cause of the crash, raising concerns about helicopter travel safety in the Himalayas during peak pilgrimage season.
Trump reacted swiftly to Trudeau’s resignation, suggesting Canada should consider becoming the 51st state of the US. He cited economic benefits and increased security from threats. Trump has previously criticized Canada’s trade practices and suggested high-profile Canadians like Wayne Gretzky could hold leadership roles post-merger, reflecting strained US-Canada relations.
Super Bowl LIX is set to begin with Kansas City Chiefs facing Philadelphia Eagles. Controversies surround the event, including Travis Kelce's comment on Donald Trump attending and Elon Musk's $40 million investment in commercials to expose government waste. Taylor Swift has invited Blake Lively amid recent legal drama, and fans speculate NFL favoritism towards the Chiefs.
Google is revamping its performance review system to allocate larger bonuses and equity awards to high-achieving employees, potentially decreasing compensation for those with lower performance ratings. This adjustment, set to influence end-of-year reviews and 2026 compensation, aims to incentivize top contributors. While some employees may receive reduced bonuses, Google maintains its commitment to competitive compensation and benefits.
​"An unknown person entered Actor Saif Ali Khan’s residence and argued with his maid, late last night. When the actor tried to intervene and pacify the man, he attacked Saif Ali Khan and injured him. Police are investigating the matter," Mumbai Police confirmed in a statement to ANI.
Apple is significantly increasing iPhone production in India, aiming for 70-80 million units by late 2026, potentially making India the primary supplier to the US. This shift, driven by diversification and geopolitical factors, could see India manufacturing nearly 40% of global iPhones.
YouTuber Ranveer Allahbadia faces legal action for making vulgar remarks on India's Got Latent. Guwahati Police registered an FIR against him and others for obscenity and inappropriate content. The incident has garnered criticism online, with prominent figures like Shiv Sena MP Priyanka Chaturvedi demanding accountability for such irresponsible behavior from influencers.
Spotify CEO Daniel Ek urged European regulators to penalize Apple for allegedly bypassing the EU's Digital Markets Act. He accused Apple of delaying compliance to hinder competition. The issue concerns Apple's restrictions on alternative app stores. Potential fines could reach 10% of Apple's global revenue. This follows an earlier €1.8 billion fine against Apple.
Amazon's retail chief, Doug Herrington, emphasizes the importance of balancing cost-cutting with innovation, warning against one-sided strategies. Despite ongoing job cuts, Amazon plans extensive investments in new growth areas, aiming to enhance customer experiences through improved efficiency and rapid delivery initiatives.
International students, largely from India, are challenging ICE's policy allowing SEVIS terminations based on visa revocations, arguing it's unlawful and violates due process. The lawsuit, filed against ICE, DHS, and the Secretary of State, seeks to restore students' immigration status and strike down the new ICE policy. They claim the policy was implemented without proper procedure and exceeds ICE's authority.